umsami Posted April 27, 2016 Share Posted April 27, 2016 creating a billion dollar business and then giving his employees a 10% stake. How dare they!! ;) http://www.nbcnews.com/nightly-news/video/chobani-ceo-giving-employees-an-ownership-stake-in-yogurt-empire-674292291768 12 Quote Link to comment Share on other sites More sharing options...
maize Posted April 27, 2016 Share Posted April 27, 2016 Despicable ;) Really can't have those kinds of folks in this country, employees might start to expect that kind of treatment or something... 6 Quote Link to comment Share on other sites More sharing options...
maize Posted April 27, 2016 Share Posted April 27, 2016 Thanks for sharing such a cool story. 1 Quote Link to comment Share on other sites More sharing options...
umsami Posted April 27, 2016 Author Share Posted April 27, 2016 Thanks for sharing such a cool story. :) His story is a neat one. His first million dollar business was a feta cheese company. He then received something in the mail about an old yogurt factory (I want to say it was Kraft's) and founded Chobani. 2 Quote Link to comment Share on other sites More sharing options...
maize Posted April 27, 2016 Share Posted April 27, 2016 (edited) I always wonder how people have the guts to go out and start a business, especially the ones who initially start with almost nothing. And quite frequently the folks who do it are immigrants; maybe because it takes a lot of guts and gumption to immigrate in the first place, they have the necessary personality and mindset. Edited April 27, 2016 by maize 9 Quote Link to comment Share on other sites More sharing options...
umsami Posted April 27, 2016 Author Share Posted April 27, 2016 Yup. One of my recent favorite quotes is by Amy Chua (the Tiger Mom): “Do you know what a foreign accent is? It's a sign of bravery.â€Imagine if more people looked at accents like that. 14 Quote Link to comment Share on other sites More sharing options...
Tsuga Posted April 27, 2016 Share Posted April 27, 2016 Some people act like they OWN the place. Seriously though, thank you for this. I needed a happy story today. 2 Quote Link to comment Share on other sites More sharing options...
Rosie_0801 Posted April 27, 2016 Share Posted April 27, 2016 I always wonder how people have the guts to go out and start a business, especially the ones who initially start with almost nothing. And quite frequently the folks who do it are immigrants; maybe because it takes a lot of guts and gumption to immigrate in the first place, they have the necessary personality and mindset. I wonder how they afford to! I've been doing a lot of listening around my local area lately on the topic of small business. One fella said he could only afford to open his gem/jewellery/crafty stuff shop because he is on a hundred grand a year at the milk factories a few towns over. How on earth do people start businesses without serious capital behind them? !! Quote Link to comment Share on other sites More sharing options...
creekland Posted April 27, 2016 Share Posted April 27, 2016 Saw that on the news last night. Sure wish more folks were like that. Our world would be a much better place. I wish I liked Chobani... sadly, I don't care for it (or any other thick yogurt). I see oodles of immigrants/refugees at our school. It's become one of my major pet peeves when I hear people dissing them (or immigrants in general). So many have so much to offer. They're great kids dealing with a lot more than most of us ever will have to. 3 Quote Link to comment Share on other sites More sharing options...
nd293 Posted April 27, 2016 Share Posted April 27, 2016 I wonder how they afford to! I've been doing a lot of listening around my local area lately on the topic of small business. One fella said he could only afford to open his gem/jewellery/crafty stuff shop because he is on a hundred grand a year at the milk factories a few towns over. How on earth do people start businesses without serious capital behind them? !! Thinking specifically of immigrants, I wonder if it's the combination of already being the type of person to take a risk, plus often coming from more community oriented cultures? Your community can be counted on to support you over competitors. And you may have extended family who help out, contribute funds etc. I recently watched Meet the Patels, basically a documentary about arranged marriage in modern Indian-American culture, but also more generally about immigrant culture, and some of these issues came up tangentially. The narrator's father had immigrated with financial help from his village, he became successful and now gives back to the village, lots of hard work, close family and beyond that a supportive 'clan' of people sharing the same surname. It was a really thought provoking (and amusing) documentary. 2 Quote Link to comment Share on other sites More sharing options...
*Jessica* Posted April 27, 2016 Share Posted April 27, 2016 Sure wish more folks were like that. Our world would be a much better place. Yes! Imagine what the world would be like if *most* huge business owners were as generous as that! 2 Quote Link to comment Share on other sites More sharing options...
Bluegoat Posted April 27, 2016 Share Posted April 27, 2016 I think the community thing can come into play with start up costs. Some immigrant communities here - the Lebanese community is a good example, tend to help new people get started in a small business. And typically they are family businesses. There can be downsides to this - your community gets a lot more say in what you do, but advantages as well. 3 Quote Link to comment Share on other sites More sharing options...
justasque Posted April 27, 2016 Share Posted April 27, 2016 I always wonder how people have the guts to go out and start a business, especially the ones who initially start with almost nothing. And quite frequently the folks who do it are immigrants; maybe because it takes a lot of guts and gumption to immigrate in the first place, they have the necessary personality and mindset. Dh once had a young co-worker who owned a lot of rental properties, initially bought via maxing out his credit card. He had been a refugee, at one point surviving a sinking boat by holding on to an empty milk jug for flotation. His perspective was "Hey, what have I got to lose, going broke is still better than being in the ocean with no boat and only a plastic milk jug!" 2 Quote Link to comment Share on other sites More sharing options...
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